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Speaking on the occasion, he said, “Merger is part of the ongoing globalisation. The employees protesting against this cause should look for global interest.” Bansal added that the crash in the stock market has nothing to do with the economy. “The market will bounce back soon,” he pointed out.
MV Nair, Chairman and Managing Director of Union Bank of India said that the bank has decided to establish 12 additional regional offices, taking the total number to 55. He added that 12 SME sarals are also being set up, and these hubs will ensure quick processing of loans to this segment.


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